2023
Exports
$383kWorld Rnk 33 / 78
Flag Rnk 1100 / 1215
2023
PRODUCT COMPLEXITY IN Hot-Rolled Stainless Steel Bars
1.66Rnk 26 / 1025
2023
Imports
$3.36MWorld Rnk 31 / 152
Flag Rnk 980 / 1207
2023
ECONOMIC COMPLEXITY of Turkey
0.62Rnk 41 / 132

About

Exports In 2023, Turkey exported $383k in Hot-Rolled Stainless Steel Bars, making it the 33rd largest exporter of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 1100th most exported product in Turkey. The main destination of Hot-Rolled Stainless Steel Bars exports from Turkey are: Ethiopia ($189k), United Arab Emirates ($61.8k), Canada ($43.2k), Iraq ($32.1k), and Georgia ($22.9k).

The fastest growing export markets for Hot-Rolled Stainless Steel Bars of Turkey between 2022 and 2023 were Ethiopia ($76.7k), United Arab Emirates ($61.7k), and Canada ($43.2k).

Imports In 2023, Turkey imported $3.36M in Hot-Rolled Stainless Steel Bars, becoming the 31st largest importer of Hot-Rolled Stainless Steel Bars in the world. At the same year, Hot-Rolled Stainless Steel Bars was the 980th most imported product in Turkey. Turkey imports Hot-Rolled Stainless Steel Bars primarily from: India ($3.32M), United States ($24.4k), United Kingdom ($10.9k), Sweden ($2.9k), and France ($2.32k).

The fastest growing import markets in Hot-Rolled Stainless Steel Bars for Turkey between 2022 and 2023 were India ($2.02M), United States ($24.4k), and United Kingdom ($6.5k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hot-Rolled Stainless Steel Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$383k
IMPORTS (2023)$3.36M
NET TRADE (2023)-$2.98M

In 2023, Turkey exported $383k in Hot-Rolled Stainless Steel Bars. The main destinations of Turkey exports on Hot-Rolled Stainless Steel Bars were Ethiopia ($189k), United Arab Emirates ($61.8k), Canada ($43.2k), Iraq ($32.1k), and Georgia ($22.9k).

In 2023, Turkey imported $3.36M in Hot-Rolled Stainless Steel Bars, mainly from India ($3.32M), United States ($24.4k), United Kingdom ($10.9k), Sweden ($2.9k), and France ($2.32k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Stainless Steel Bars EXPORT MARKETS FOR Turkey WERE (2022 - 2023):
Ethiopia$76.7k (68.6%)
United Arab Emirates$61.7k (51.4k%)
Canada$43.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Stainless Steel Bars BY Turkey WERE (2022 - 2023):
Guyana-$100k (-100%)
Angola-$76.4k (-100%)
Libya-$2.57k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Turkey's main exporting competitors in Hot-Rolled Stainless Steel Bars were:
In 2023, Turkey's main importing competitors in Hot-Rolled Stainless Steel Bars were:

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Trade Value of Hot-Rolled Stainless Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $4.43k
TOP IMPORT POTENTIALIndia+ $275k

Hot-Rolled Stainless Steel Bars’s highest export potential is United Kingdom. With an export gap of $4.43k.   Hot-Rolled Stainless Steel Bars’s highest import potential is India with an import gap of $275k.

See methodology.

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